21/05/2025 Argaam Exclusive
Shares of ACWA Power Co. fell by 4% to close today, May 21, at SAR 274, its lowest close since March 2024.
The stock hit an intraday low of SAR 270. A total of 860,000 shares were traded at a turnover of SAR 230 million.
| Year High (SAR) | Year Low (SAR) | 
| 496.84 | 267.87 | 
| Highest Since Debut (SAR) | Lowest Since Debut (SAR) | 
| 496.84 | 62.67 | 
Adding today’s decline, the stock’s total losses year-to-date reach more than 40%.
| Open | 243.40 | 
| Low | 241.70 | 
| High | 250.00 | 
| Previous Close | 243.00 | 
| Change (3M) | 8.14 % | 
| Change (6M) | (24.34 %) | 
| Market Value | 185,260.63 | 
| Avg. Volume (3M) | 433,926.55 | 
| Avg. Turnover (3M) | 96,723,041.75 | 
| Avg. Transaction (3M) | 5,965.94 | 
| Change(12M) | (45.35 %) | 
| YTD | (39.31 %) | 
Since its debut, ACWA Power has carried out one adjustment to its capital in 2024 through bonus share distribution.
The company recommended a capital hike via a rights issue at a value of SAR 7.12 billion. It was given a go-ahead from the Capital Market Authority (CMA) on the move.
| Date | Type | Capital (M Riyal) | Change (%) | 
| 2025 | Right Issue | 7,664.90 | 4.63% | 
| 2024 | Split | 7,325.62 | 0.20% | 
| 2021 | IPO | 7,311.00 | 13.21% | 
| Financial Ratio | Current | 
| Market Cap (M Riyal) | 185,260.82 | 
| Shares Outstanding ((M)) | 766.49 | 
| EPS ( ) (TTM) | 2.36 | 
| Book Value (BV) ( Riyal) (Latest announcement) | 29.08 | 
| Recurring P/E | More than 100 | 
| Price/book | 8.63 | 
| Dividend Yield (%) (Last Year) | 0.18 | 
| Return on Average Assets (%) (TTM) | 3.03 | 
| Return on Average Equity (%) (TTM) | 8.27 | 
| Par Value ( Riyal) | 10.00 | 
| Enterprise Value (EV) (M Riyal) | 213,140.36 | 
| EV/adj EBITDA | 93.20 | 
| EV/Revenues | 29.61 | 
Fair Average Price
Number of Recommendations
| Rating | Research firm | Current Price | Target Price | Change | |
| Sell | Hermes | 297.03 | 109.13 | (63.26 %) | 
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